NML Nishat Mills Limited Analysis 16 April 2014
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Rebound Insight
Our Pivot: 103.31
Our Preference: Buy NML above 111 and add averages till 107.67 and 105.62 with strict stop loss of 103.31 and profit target at 121.13 and 123.14
Alternate Scenario: Downward penetration of 103.31 will call for 98.07
NOTE: NML is expansion mode of its weekly 38% correction and is heading towards 110 and 107.67 so its recommended to buy it on given levels with strict stop loss.
Recommendations:
Buy above 111 and 107.67
Weekly Chart With Supports and Resistances:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT